Short interest levels in home equity finance equities dropped by 12%, indicating shrinking bearish bets. Market technicians see this as a bullish divergence against neutral RSI readings in the sector index charts. Jeff, 50, is a specialized surgeon. His wife Susan, 48, is a stay-at-home mom. Even though Jeff earns an enviable $665,000 a year, the couple — married 19 years — are still struggling to pay the bills. A personal loan might be appropriate if you’re borrowing a smaller amount of money and have good credit. Personal loan terms are often shorter than home equity loan terms, though. If you plan to borrow a large amount of money and aren’t sure your budget can handle a repayment of up to seven years and want to extend your term, a home equity loan might be the preferred choice. Home equity finance companies are adapting to digital underwriting technologies, reducing processing time by over 20%, which could amplify loan turnover and revenue momentum in next quarter’s reporting cycle.